The Value of Field Experiments

The feasibility of using field experiments to optimize marketing decisions remains relatively unstudied. We investigate category pricing decisions that require estimating a large matrix of cross-product demand elasticities and ask the following question: How many experiments are required as the numb...

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Bibliographic Details
Main Authors: Li, Jimmy Q. (Contributor), Rusmevichientong, Paat (Author), Simester, Duncan (Contributor), Tsitsiklis, John N. (Contributor), Zoumpoulis, Spyros I. (Author)
Other Authors: Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science (Contributor), Massachusetts Institute of Technology. Laboratory for Information and Decision Systems (Contributor), Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS), 2015-10-05T15:53:39Z.
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